leitmotiv

USDJPY Potential Double Bottom Long Opportunity

Long
FX:USDJPY   Dollar Américain / Yen japonais
Bullish opportunity on the USDJPY 4H chart. Currently a potential double bottom at 50% retracement of X to A leg, as well as at previous structure support / resistance. You can either enter right now long or you can wait for retracement to the 618 retracement of the previous 2618 opportunity still in play. RSI oversold signal should help you decide. Target at previous structure high and SL below previous structure low. Good risk / reward profile approximately 2.5.

Good opportunity !
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